The Baltic Exchanges main sea freight index on Monday touched its highest in four weeks as rising supramax rates countered a decline in demand for capesize and panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry

Indias state-owned oil giant is said to have stopped chartering Chinese tankers to transport crude oil and petroleum products as relations between the two countries continue to deteriorate. Chinese-flagged ships have been banned from taking

On August 13, the cloud delivery ceremony of N596 jack-up drilling platform managed by SINOOCEAN and built by COSCO SHIPPING Heavy Industry (Dalian) was successfully held in Beijing. The delivery of N596 platform marks the successful comple

1.Singapore Exchange mainboard-listed COSCO SHIPPING International (Singapore) announced its first half 2020 financial results for the financial period ended 30 June 2020. 2.Croatias first FSRU will depart the Hudong-Zhonghua yard in China

The first of two CSL-Hartmann joint venture ships built at Chengxi Shipyard in China was delivered on August 10. Having already completed all dockside and sea trials, the 40,000 DWT self-unloading bulk carrier Starnes set sail for Hamburg v

Croatias first FSRU will depart the Hudong-Zhonghua yard in China to its base on the island of Krk in the northern Adriatic Sea late September, according to the vessel owner Golar LNG. Golar, led by Norwegian businessman Tor Olav Troim, won

Singapore Exchange (SGX) mainboard-listed COSCO SHIPPING International (Singapore) Co., Ltd. (the Company), one of Singapores leading logistics management service providers, today announced its first half 2020 financial results for the fina

U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the worlds top economies gear up to review a January deal after a prolonged trade war. Chinese state-owned oil

A China-made cruise ship for polar expeditions tested the water on Friday in East Chinas Jiangsu province, local maritime authorities said Saturday. Its the fourth polar expedition cruise from a series of orders signed between the Chinese s

In accordance with Fisheries Law of the Peoples Republic of China, Regulation of Zhejiang Province on Fishery and Several Opinions of the Government of Zhejiang Province on Restoration and Revitalization of Fishery of Zhejiang, as from Augu

Martin Bird has joined LQM as a client services executive. Based in London, he will support all of LQMs offices globally. Martin previously spent 10 years with Lloyds List Intelligence, helping the credit risk team to grow the business and

On 12 August, the Ministry of Health reported that a crew member working on board an ocean-going ship was tested positive for COVID-19 in Singapore. 14 other crew members on board the same ship were later confirmed to have COVID-19. All 15

On the afternoon of August 10, China Merchants Heavy Industry (Shenzhen) and Jiangsu Fanzhou Shipping held the delivery and chartering ceremony of China Merchants Heavy Industry No. 1. The successful signing of the chartering contract of Ch

1.China-U.S. West Coast container rates continue their astonishing climb. Not because of too little vessel supply, but because of too much import demand. 2.Thousands of employees at the Kwai Tsing Container Terminals are scheduled to be tes

Container rates for shipping between China and U.S. West Coast have risen 11% since last week to a record high of $3,058 /FEU, and up 110% from the same period last year. China-U.S. East Coast freight rates also edged up 3% to $3,466 /FEU,